Office Depot trades as part of the retail apparel and specialty industry and trades as part of the consumer cyclical sector. The company CEO is Gerry P. Smith. Office Depot Inc is a supplier of office products and services. It offers products including office supplies, paper, ink, and tone, cleaning chemical and equipment’s, monitors and equipment’s, computers and tablets, office appliances, and school supplies.
Previous Intraday Trading Performance:
The ODP stock showed a previous change of 6.60% with an open at 1.99 and a close of 2.10. It reached an intraday high of 2.10 and a low of 1.98.
The stock has a market cap of $1.1b with 546.3m shares outstanding, of which the float is 518.3m shares. Trading volume reached 7,064,146 shares compared to its average volume of 5,930,713 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.
Historical Trading Performance:
Over the last five trading days, Office Depot shares returned 7.14% and in the past 30 trading days it returned -10.66%. Over three months, it changed -39.07%. In one year it has changed -16.63% and within that year its 52-week high was 3.82 and its 52-week low was 1.89. ODP stock is 11.11% above its 52 Week Low.
Our calculations show a 200 day moving average of 2.87 and a 50 day moving average of 2.49. Currently ODP stock is trading -26.91% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 0.19 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.05. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.12. The TTM EPS is 0.35, which comes to a TTM PE of 6.00.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr of 2019||(Reported on 05/08/2019):||0.01|
|4th||Qtr of 2018||(Reported on 02/27/2019):||-0.02|
|3rd||Qtr of 2018||(Reported on 11/07/2018):||0.11|
|2nd||Qtr of 2018||(Reported on 08/07/2018):||0.03|
|1st||Qtr of 2018||(Reported on 05/09/2018):||0.07|
The dividend per share is currently 0.10, which is a dividend yield of 4.76%. Also, the payout ratio is 28.57%, therefore the dividend is safe according to our calculations. ODP stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.
Base on our calculations, the intrinsic value per share is 4.63, which means it is possibly undervalued and has a margin of safety of 54.65%.
Indicators to Watch:
The current calculated beta is 2.43.
Based on last reported financials, the company’s return on equity is 3.49%, return on assets is 1.07%, profit margin is 0.64%, price-to-sales is 0.10 and price-to-book is 0.51.
All scores are out of six:
5 :Valuation Score
1 :Past Performance Score
3 :Financial Strength Score
3 :Future Growth Score
4 :Dividend Score
3 :Overall Score